Terminal Two, the additional
terminal located on the north side of the Airport
development is designed to handle in excess of
500 passengers per hour, a yearly total of 2.5
million passengers. In addition to scheduled
flights, Terminal 2 will also cater for Charter
flights, Executive flights and Special Interest
flights such as those for the Haj pilgrimage.
1,200 sq. metres in this new terminal has been
allocated to Duty Free shopping which will
include a customers service desk for bulk
purchase.
As an integral part of the Dubai
International Airport expansion program, a total
land area of 2.2 million sq. metres, has been
allocated for the development of Dubai Airport
Free Zone & Business Village.
This state-of -the art Free Zone will provide
a supporting environment to a wide variety of
technology-driven industries, including products
with high value-to-weight ratio; manufacture
assembly and trade of time sensitive products;
services to aviation and high technology
industries, and technical and professional
support services.
HH Sheikh Ahmed Bin Saeed Al
Maktoum, President, Dubai Department of Civil
Aviation commented: " Our main object is to
consolidate Dubais status as a regional hub
allowing the international business community to
reach the 1.4 billion consumers surrounding the
U.A.E.
Mr.
Mohi-din Binhendi, Director General of t he Dubai
Department of Civil Aviation added: " The
completion of the first stage of Dubai Airport
Free Zone & business Village towards the
first quarter of 1998 will add a new dimension of
services provided to investors in Dubai."
Dubai
Airport Zone presents to its a range of
attractive incentives which include:
- 100% foreign ownership
- A corporate tax holiday of
up to 15 years, renewable
- Freedom to move capital ,
including dividends & profit
- No personal income tax.
- Full exemption of import
duties
- Proximity to both Dubai
International Airport and the city of
Dubai
- State of the art office
buildings.
Dubai Airport Free Zone and Business
Village will provide an unequalled level of
quality service, developing a one-stop Service
for its tenant companies, assisting with
administrative tasks such as application
paperwork, visas, executive site visits,
marketing and relocation requirements, while
acting as an interface with the Municipality and
Government.
The Dubai Airport Free Zone and
Business Village will be built around a high
quality infrastructure providing digital
communications, reliable power and other
utilities supporting the needs of sophisticated
technology companies.
9,442 sq. metres of
gross office floor space in the
Administration building has been
allocated for the use of the Free Zone
tenants. These hi-tech commercial offices
have been specially designed to
accommodate the needs of multinational
and regional corporations. (Rate: 120 AED
per Sq.)
Pre built light
industrial units and warehouses, covering
an area of 72,000 sq. metres will allow
Dubai Airport Zone tenants an immediate
start of operation. (Rental rates: 45 AED
per Sqf)
209,000 Sqm of developed
land has been allocated to companies who
wish to design and erect their own
premises (Land rental rate: 10-12 AED per
Sq. f)
To further facilitate the
operation of its tenants, Dubai Airport
Free Zone Business Village Authority has
allocate an area of 140,000 Sq. metres of
apron space capable of handling 10 Boeing
747-400 aircraft for prompt air services.
Public
utility and service outlets such as restaurants,
pharmacies, clinic, speciality retail and banking
outlets will cover an area of 2,361sq. metres and
will also be available for the use Dubai Airport
Zone and Business Village tenants.
1999
will see the launch of the permanent Airshow Site
located within the Dubai Airport Free Zone &
Business Village development., The 31,000 sq.
metres of highly sophisticated exhibition halls
will be serviced by a 5,777 sq. metres of offices
in the Reception building. These grounds will
also be used to host other major airport related
exhibitions.
To date many blue-chip companies, have been
granted licenses- to set up at the Free Zone:
Aviation related industries such as Boeing,
Agusta, Air Express International and DHL will
undertake services and distributions such as
Ricoh Mastech, Evans & Sutherland and Digital
have received approval to establish a services
operation, Marketing offices for Dell computers,
Grillo Wreke and International Autosource were
also granted licence; in addition other major
companies like International Samsonite Corp and
Tag-Heuer Chanel and SMH the group for Longines,
Swatch and omega.
Additional applications for establishment by
other multinational corporations are at present
being considered by the authorities at the Dubai
Airport Free Zone and Business Village.
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